401 55 Avenue Sw Calgary, Alberta T2V 0E8
$749,900
CALLING ALL INVESTORS | Corner R-C2 Lot | 3 SELF CONTAINING SUITE PROPERTY (ILLEGAL) | 5 Bed - 3 Bath | DOUBLE GARAGE | 2200+ SQ FT of living space | SOUTH BACKYARD | 60x100ftThis home is the perfect rental investment property AND future development property. Located on a quiet, central street in the sought-after community of Windsor Park is this two story renovated home. This property has THREE SUITES (illegal). The home features a detached double car garage. The upgraded floor plan gives the home a grand feeling. Various built-in features all over the home. Newer roof shingles, furnace, hot water tank, and electrical panel. Stucco exterior. The main bathrooms have gone through a renovation in this home. Trendy finishes with all the bells & whistles. This home was designed & upgraded to perfection! The spacious main floor features hardwood flooring in the main areas. The kitchen includes newer countertops, newer cabinets, and new flooring. To complete the main floor, there’s a full bath room (completely renovated), 2 bedrooms, a foyer, and a large living room. Upstairs you’ll find a self contained suite (illegal) with updated vinyl flooring. This floor has its own dedicated kitchen, dining room, living room, full bathroom, storage area, and bedroom. The unit also has its own washer/dryer. The entrance for this unit is separated from the other units. The finished, illegally suited basement features a kitchen, 2 spacious bedrooms, a full bathroom, a utility room, a separate entrance, and its own set of laundry machines (shared by the main floor). The basement and upper floor are currently rented out. This property is a CASH COW. Cash flow is not an issue when you have 3 suites (illegal) in 1 home! Excellent investment rental property. There are so many options for the potential buyers. They could leave the upper floor and basement rented out and live on the main floor. Or they could rent out all 3 floors to maximize cash flow. If you rented the main flo or out, you could potentially make $4,250 a month!This lot serves many purposes. It’s an R-C2 CORNER lot (60x100). 6000 SQ FT of great property! You could, city permitted, tear the home down in the future and build 4 row homes, build two detached homes, or build a duplex. Step outside and you’re greeted with an enormous deck. SOUTH BACKYARD keeps the tenants happy with the abundance of sunshine. The detached double garage is rented out separately to maximize cash flow. The sellers are in the process of legalizing the basement suite (city permitted). Windsor Park is a well-established community. It has many schools & amenities in the district. Breathtaking home priced aggressively. Book a showing with your favorite Realtor today! (id:20868)
Property Details
| MLS® Number | A2026263 |
| Property Type | Single Family |
| Community Name | Windsor Park |
| Amenities Near By | Park, Playground, Recreation Nearby |
| Features | Closet Organizers |
| Parking Space Total | 4 |
| Plan | 5037fn |
| Structure | Deck |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 7 |
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Garage Door Opener |
| Basement Development | Finished |
| Basement Features | Separate Entrance, Suite |
| Basement Type | Full (finished) |
| Constructed Date | 1949 |
| Construction Material | Poured Concrete, Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Concrete, Stucco |
| Fire Protection | Smoke Detectors |
| Flooring Type | Carpeted, Ceramic Tile, Hardwood, Laminate, Vinyl |
| Foundation Type | Poured Concrete |
| Half Bath Total | 2 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1545.86 Sqft |
| Total Finished Area | 1545.86 Sqft |
| Type | House |
Parking
| Concrete | |
| Detached Garage | 2 |
| Oversize |
Land
| Acreage | No |
| Fence Type | Cross Fenced, Fence |
| Land Amenities | Park, Playground, Recreation Nearby |
| Landscape Features | Landscaped, Lawn |
| Size Depth | 18.28 M |
| Size Frontage | 30.57 M |
| Size Irregular | 559.00 |
| Size Total | 559 M2|4,051 - 7,250 Sqft |
| Size Total Text | 559 M2|4,051 - 7,250 Sqft |
| Zoning Description | R-c2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Furnace | 7.00 Ft x 6.50 Ft | ||
| Lower Level | 4pc Bathroom | Measurements not available | ||
| Lower Level | Bedroom | 9.74 Ft x 8.43 Ft | ||
| Lower Level | Den | 11.91 Ft x 7.51 Ft | ||
| Lower Level | Kitchen | 16.77 Ft x 7.68 Ft | ||
| Lower Level | Bedroom | 11.09 Ft x 11.00 Ft | ||
| Lower Level | Bedroom | 11.75 Ft x 10.33 Ft | ||
| Lower Level | 2pc Bathroom | 4.66 Ft x 3.84 Ft | ||
| Main Level | Office | 12.34 Ft x 11.58 Ft | ||
| Main Level | Kitchen | 14.50 Ft x 12.43 Ft | ||
| Main Level | Dining Room | 10.76 Ft x 8.66 Ft | ||
| Main Level | Living Room | 14.44 Ft x 12.17 Ft | ||
| Main Level | 2pc Bathroom | Measurements not available | ||
| Main Level | Foyer | 8.01 Ft x 4.00 Ft | ||
| Main Level | Family Room | 14.67 Ft x 12.34 Ft | ||
| Main Level | Laundry Room | 5.84 Ft x 5.09 Ft | ||
| Upper Level | Bedroom | 12.34 Ft x 11.00 Ft | ||
| Upper Level | Bedroom | 10.83 Ft x 9.19 Ft | ||
| Upper Level | 4pc Bathroom | Measurements not available | ||
| Upper Level | 4pc Bathroom | Measurements not available | ||
| Upper Level | Primary Bedroom | 15.09 Ft x 11.84 Ft | ||
| Upper Level | Bedroom | 9.19 Ft x 8.83 Ft |
https://www.realtor.ca/real-estate/25308024/401-55-avenue-sw-calgary-windsor-park
Interested?
Contact us for more information
Gary Basra
Associate
garybasra.ca/
https://www.facebook.com/canadianrealtyinvestments
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#700, 1816 Crowchild Trail Nw
Calgary, Alberta T2M 3Y7
(855) 623-6900
www.joinreal.com/
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March 06 2023 05:25:29
Calgary Real Estate Board
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